2019年11月境外人民币市场综述

Overview of Offshore RMB Markets in November 2019

2019年10月末,香港、台湾地区和韩国人民币存款余额合计9057.59亿元,环比增加0.93%。11月份,香港人民币隔夜拆息波动上行,月末报收2.696%,比10月末升16个基点;香港人民币即期汇率月末报收7.0295,比10月末升147个基点,升值幅度为0.21%;境内外人民币即期汇率CNY与CNH月均汇差为60个基点,与10月份基本持平;境内外可交割人民币远期汇差为195个基点,较上月末收窄164个基点;境外人民币债券发行规模为435.34亿元,是上月发行量的6.9倍;新加坡交易所人民币外汇期货成交量止跌回升。

At end-October 2019,the aggregate CNH deposits in Hong Kong,Taiwan and South Korea totaled 905.759 billion yuan,up0.93%month-on-month.In November,CNH Hibor O/N rose with fluctuations and closed at 2.696%,up 16 bps from end-October;the CNH HK spot rate closed at 7.0295,up 147 bps or 0.21%from end-October;the monthly average spreadbetween the CNY and CNH spot rates was 60 bps,basically levelled with that of October;the spread between the CNY andCNH deliverable forward rates stood at 195 bps,down 164 bps from end-October;the CNH bond issuance reached 43.534billion yuan,6.9 times that of the previous month;the trading volume of CNH FX futures in SGX began to rally.